Wave of evictions expected as moratoriums end in many states

Housing advocates fear that they could see a wave of evictions in the coming months, as states end moratoriums put in place during the coronavirus pandemic.

US manufacturing improves in July, outlook clouded by coronavirus

The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.

Lord & Taylor seeks bankruptcy protection

Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic.

NJ law replaces expiring federal health tax with state levy

New Jersey Democratic Gov. Phil Murphy signed legislation Friday that will impose a tax on state health insurance plans after a federal levy expires and use those funds to reduce costs for residents.

Trump, GOP suggest temporary fix for $600 jobless benefit

Frustrated congressional negotiators of a massive coronavirus relief bill are facing new pressure with Thursday's brutal economic news and the approaching lapse in a $600 per-week COVID-19 jobless benefit.

Record economic plunge, bleak jobs numbers reveal virus toll

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

Trump says second stimulus checks could be 'way higher' than $1,200

President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200.

4 Big Tech CEOs getting heat from Congress on competition

Four Big Tech CEOs are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry.

Trump dismisses virus aid for cities, lashes out at GOP

President Donald Trump is dismissing Democratic demands to include aid for cash-strapped cities in a new coronavirus relief package.

Struggling merchants, insurers battle over pandemic coverage

Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers who say they are being miscast as potential saviors.

Small Business Administration watchdog report cites ‘serious concerns’ over ‘widespread’ COVID-19 relief fraud

A report from the Office of Inspector General of the U.S. Small Business Administration details complaints of thousands of instances involving suspected fraud from financial institutions apparently receiving economic assistance from Coronavirus relief aid.

Gov. Murphy says NJ awarding $15M in CARES fund to small business

New Jersey Gov. Phil Murphy says $15 million in federal funding has been made available to small businesses struggling from the coronavirus outbreak.

Second stimulus check details revealed: Who is eligible?

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.